South Korea to boost shipyards with additional $60m 

South Korea plans to spend another KRW70 billion (US$60.1 million) to support local shipbuilders’ recovery efforts,…

Damen records $19.1m loss for 2018

Damen Shipyards Group has recorded a net loss of USD19.1 million in 2018. This is the…

Half of 2017 new orders stuck in shipyards 

Some 50% of the newbuilding orderbook due to be delivered this year is yet to do…

High Customs duty killing Nigerian shipyards, says Dakuku 

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has decried what he…

China white list shipyards set for reshuffling

China’s white list of 70 shipyards is set for a round of reshuffling with 20 names…

World’s top two shipyards signal more orders as earnings improve

The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards…

Top 3 shipyards let 3,000 workers go in Q3 amid restructuring

Some 3,000 employees have quit their jobs from South Korea’s top three shipbuilders in the third…

Shipping record lowest level of newbuilding contracts in 20 years  

Shipyards become the next victim of the deteriorating conditions in the dry bulk, container and offshore…

Croatian shipyards deliver new ships to Iceland, Norway

Until now, such ships were only produced at Chinese shipyards. This month, two new ships built…

China shipyards new orders spike 44.7% in first half

Newbuilding orders at Chinese shipyards have jumped in the first half of this year compared to…

China shipyards continue to see new orders rise in first four months

China’s shipyards have continued to see newbuilding orders rise over the first four months of this…

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